M&A Schneider Electric Is Paying $22.6 Billion for PTC — the Asset Autodesk Walked Away From Last Year The all-cash deal values PTC's equity at $22.6 billion and its enterprise at $23.7 billion, or 21x forward adjusted EBITA. PTC sells design and lifecycle software to manufacturers, not to builders, and the word 'construction' does not appear anywhere in the release. What has been priced is the upstream half of a design-to-operate thread — and Autodesk agreed in May to pay $3.6 billion for the other half. Hugo Pegley · Oct 5, 2026
